American Society For Gastrointestinal Endoscopy
- Assets
- $35.4m
- Revenue
- $13.3m
- Investments
- $0.0
- Employees
- 56
- Location
- Downers Grove, IL
- Founding
- 06/1945
- Data as of
- 12/2020
- EIN
- 23-7058604
Organization Overview
American Society For Gastrointestinal Endoscopy is located in Downers Grove, IL. The organization was established in 1945. According to its NTEE Classification (G70) the organization is classified as: Digestive Diseases & Disorders, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, American Society For Gastrointestinal Endoscopy employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Society For Gastrointestinal Endoscopy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, American Society For Gastrointestinal Endoscopy generated $13.3m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $13.1m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO FURTHER THE KNOWLEDGE AND TREATMENT OF GASTROINTESTINAL DISEASE
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL MEETINGS, REGIONAL WORKSHOPS, AND POSTGRADUATE COURSES ARE CONDUCTED DURING THE YEAR TO KEEP MEMBERS CURRENT ON VARIOUS SUBJECTS AND PROCEDURES RELATED TO GASTROINTESTINAL DISORDERS.
ASGE MEMBERSHIP PROVIDES CONVENIENT AND ROBUST TOOLS, RESOURCES, SCIENTIFIC PUBLICATIONS, AND NETWORKS TO SUPPORT MEMBERS IN THEIR CAREER PROGRESS, AND ALSO IN DELIVERING THE BEST PATIENT CARE POSSIBLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Palmisano CEO | Officer | 40 | $444,260 |
Edwin Dellert Chief Publications And Learning Officer | Officer | 40 | $245,138 |
Thomas Joseph Chief Development And Operations Officer | Officer | 40 | $237,748 |
Lakitia Mayo Chief Policy And Member Engagement Officier | Officer | 40 | $214,598 |
Juan Jaimes Director Of Technology | 40 | $167,398 | |
Vanessa Kizart Director Of Meeting Services | 40 | $157,024 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Advocateus Llc Health Care Consulting | 12/30/21 | $215,000 |
Mauldin & Jenkins Llc Accounting Consultant | 12/30/21 | $144,631 |
Summit Health Care Consulting Health Care Consulting | 12/30/21 | $134,925 |
Rsm Us Product Sales Llc It Consulting | 12/30/21 | $133,230 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,432,268 |
| Noncash contributions included in lines 1a–1f | $723,725 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,432,268 |
| Total Program Service Revenue | $9,208,342 |
| Investment income | $226,848 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $750,000 |
| Net Rental Income | $93,554 |
| Net Gain/Loss on Asset Sales | $34,644 |
| Net Income from Fundraising Events | $1,819 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $554,725 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,302,200 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $94,847 |
| Grants and other assistance to Foreign Orgs/Individuals | $150,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,271,146 |
| Compensation of current officers, directors, key employees. | $479,001 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,769,123 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $675,650 |
| Payroll taxes | $350,981 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $27,503 |
| Fees for services: Accounting | $64,376 |
| Fees for services: Lobbying | $125,517 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $56,461 |
| Fees for services: Other | $632,290 |
| Advertising and promotion | $102,150 |
| Office expenses | $1,030,242 |
| Information technology | $691,702 |
| Royalties | $0 |
| Occupancy | $895,848 |
| Travel | $270,966 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $90,333 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,340,878 |
| Insurance | $48,301 |
| All other expenses | $35,145 |
| Total functional expenses | $13,066,327 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,314 |
| Savings and temporary cash investments | $1,198,461 |
| Pledges and grants receivable | $675,686 |
| Accounts receivable, net | $3,074,094 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $56,969 |
| Prepaid expenses and deferred charges | $283,174 |
| Net Land, buildings, and equipment | $16,763,236 |
| Investments—publicly traded securities | $13,389,428 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $35,447,362 |
| Accounts payable and accrued expenses | $1,358,928 |
| Grants payable | $0 |
| Deferred revenue | $3,200,638 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $10,496,846 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $569,268 |
| Total liabilities | $15,625,680 |
| Net assets without donor restrictions | $13,611,915 |
| Net assets with donor restrictions | $6,209,767 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $35,447,362 |
Grants Awarded
Over the last fiscal year, American Society For Gastrointestinal Endoscopy has awarded $220,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL PURPOSE: MEDICAL RESEARCH. | $60,000 |
Hanover, NH PURPOSE: MEDICAL RESEARCH. | $44,315 |
White River Junction, VT PURPOSE: MEDICAL RESEARCH. | $43,500 |
Los Angeles, CA PURPOSE: MEDICAL RESEARCH. | $27,185 |
Rochester, MN PURPOSE: MEDICAL RESEARCH. | $25,000 |
New York, NY PURPOSE: MEDICAL RESEARCH. | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that American Society For Gastrointestinal Endoscopy has recieved totaling $10,036.
| Awarding Organization | Amount |
|---|---|
Steris Foundation Mentor, OH PURPOSE: CHARITABLE | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $36 |
Endowment Analysis
| Beg. Balance | $4,726,652 |
| Earnings | $727,835 |
| Net Contributions | $997 |
| Other Expense | $20,000 |
| Ending Balance | $5,435,484 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Society For Gastrointestinal Endoscopy Downers Grove, IL | $35,447,362 | $13,302,200 |
Certification Board For Diabetes Care And Educators Arlington Heights, IL | $6,572,797 | $2,015,646 |
Wound Ostomy & Continence Nursing Certification Board Milwaukee, WI | $2,312,568 | $1,554,240 |
American Board Of Certification For Gastroenterology Nurses Inc Chicago, IL | $915,608 | $474,217 |
Society For The Study Of Ingestive Behavior Inc Glenview, IL | $453,197 | $287,974 |
Association For Glycogen Storage Disease Waterloo, IA | $425,938 | $0 |
Colon Screening For Life Inc Newburgh, IN | $43,244 | $0 |
Women In Endocrinology Inc Chicago, IL | $207,051 | $0 |